Price for Fiat 500
Fiat 500 Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Fiat 500 cars have remained constant in the last 6 months. The average price in October was of $22,170. This price hardly went through any changes and remained at $21,577 during November. The average selling price has remained fairly constant during the following two months, going from $21,873.5 to $21,187. During the last couple of months, the average price has hardly changed, remaining the same going from $21,530.25 to $22,245.5 during February and March.
The average price for Fiat 500 has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2000 to 2015, the average price was $24,189.5. Please take note of of the significant depreciation in the prices between 2000 ($98,800) and 2015 ($10,666). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -50 % compared to the previous period. During the last two years, prices in the car industry have gone up 8 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample ($12,972) and the the last two years that were studied (2018, 2019) with a price of $13,952.
The graph that displays the price for Fiat 500 cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 68 % more affordable than the average price ($21,852). Next with a price of $10,999 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 6% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $12,698.
The graph showing the average price for the fuel type for Fiat 500 cars points out to "Diesel" as being the cheapest fuel type. It is 69 % less expensive than the average market price ($21,852) followed by "Gas" priced at $9,808. On average the cheapest type of fuel is "Gasoline". It´s price is 43 % more affordable than the average market value followed by "Electric" with a price of $10,747.
